The reason given was "Under the Acceptable Use Policy, PayPal may not be used to send or receive payments for certain sexually oriented materials or services or for items that could be considered obscene". This is wrong/false on so many levels. We used PayPal only as a means to receive voluntary donations from people who wanted to support further development of Voat and to help pay for our hosting fees. This is beyond crazy.
According to PayPal User Agreement, our funds can be kept by PayPal for 180 days. I requested further clarification from PayPal, but I would like to advise everyone who planned to donate to Voat - to NOT do so via PayPal.
Honestly, I don't know what I expected when I trusted PayPal with our donation money. I apologize to everyone who donated to us through PayPal and I will badge everyone who did so even if the funds are never released by PayPal.
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Spank_My_Bottom ago
What donation platform do you prefer now? Bitcoin? Patreon? Wireless transfer?
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Edit: I had researched and set up Bitcoin Wallet and sent some funds to it, they will be all donated to Voat. I encourage the rest of the users to do the same.
Nevertheless, many people will not be willing to go through that hassle, voat should consider setting up their own credit card gate or allow people to send money via SOPA transaction.
HappyCoffee ago
I would think Bitcoin is probably the surest way to make sure it actually arrives...
Guerilla ago
Bitcoin is probably the surest way to make sure it actually arrives but not many people will go through the process of making bitcoin and donating it to the site. We need a more stable and easy to use platform, maybe even a build in site feature where you can directly donate using your credit card.
HappyCoffee ago
I would have thought most people would just buy the bitcoin on an exchange and send it rather than try to make it themselves.
It's an inconvenience, for sure, but at least nobody can suspend a bitcoin wallet.
De1WvO3Ndc8jTldFhaA6 ago
It just shows you how much misunderstanding there is about BTC, even here.
If find that dissonance absolutely remarkable on a platform like voat.
glugglug ago
The US government has seized several bitcoin exchanges.
01 ago
Source?
Seriously, this would be pretty big news if true. The most the US government did was seize 25 million USD from mtgox' US accounts in 2013. You might also be confusing it with the shutdown of Silkroad, but that was a marketplace (think ebay) not an exchange.
deadbeef ago
If somebody seizes an exchange and all the wallets they host then yes, the bitcoins in those wallets are probably lost to you.
But you should not be keeping bitcoins in wallets that a third party is privy to. Any bitcoins you are storing should be kept in private wallet(s) on computers that are in your physical possession. You should only be using wallets hosted elsewhere when you are moving funds. This is Bitcoin 101.